Four growth details to know:
1. The ASC market is projected to be worth between $52 billion and $55 billion by 2025.
2. Physicians at ASCs perform more than half of all outpatient procedures, with volume expected to increase 15 percent by 2028. More growth is expected in ASC settings than hospital outpatient departments.
3. The specialty that’s projected to see the greatest procedure volume growth is spine, which is expected to grow 10 percent through 2022.
4. Patient consumerism will play a role in ASC procedure volume growth, with both payers and patients favoring the low-cost setting of an ASC over a hospital.
More articles on turnarounds:
How ASCs & physician-owned medical groups can lower costs to compete in a value-based environment
Former CVS exec: Retailers like Walmart won’t compete with ASCs in the near future
3 tips for attracting surgeons to your ASC
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.